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Question No 3: Joanna takes a security interest in the equipment in Jason store and files a financing statement claiming Equipment and all after
Question No 3:
Joanna takes a security interest in the equipment in Jason store and files a financing statement claiming " Equipment and all after acquired equipment " Berkelye later sells Jason Store a cash register and a) files nine days after Jason receives the register or b) files twenty five days after Jason received the register. If Jason fails to pay both Joanna and Berkely and they foreclose their security interests, who has priority on the cash register? Explain.
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